• >
  • Mortgages

Compare mortgages

What are you looking to do?

Compare mortgage rates from 90+ lenders across the whole of market

How to find the best mortgage deal for you

1

Choose your mortgage type

Tell us what type of mortgage you are looking for to narrow down the deals shown to you.

2

Compare mortgage deals

Find and select a deal from hundreds of mortgages across the whole of market.

3

Secure your deal

Contact the lender directly or work with a broker to secure your new mortgage.

What type of mortgage do I need?

First time buyer

This might be for you if you have never owned a home anywhere in the world. Lenders often have 95% LTV and 90% LTV deals available for first time buyers. There are also government Help to Buy mortgages to help you get onto the property ladder.

Remortgage

If you’re at the end of your fixed rate and want to keep repayments down, you might want to consider remortgaging. You can also borrow against your property by remortgaging.

Moving home mortgage

If you can’t take your existing mortgage to your new home, you may need a new mortgage. But make sure you’re aware of any charges for leaving your mortgage early.

Buy to let mortgage

A buy-to-let mortgage is for someone who is looking to buy a property as an investment to rent out. They are usually interest-only mortgages, and you will typically need a deposit of at least 25% to be approved.

How much can you borrow?

There are many different factors that lenders will look at when working out how much you can borrow. This includes your salary, your spending, any regular outgoings and debts. Use our affordability calculator to see how much lenders might be willing to lend you.

 Calculator image

Which mortgage should I choose?

Fixed rate mortgages

A fixed rate mortgage has an interest rate with is set for a specific period of time. This means your mortgage repayments won’t change during the duration of your fixed rate. This can bring peace of mind when it comes to budgeting and means you can lock in a good interest rate if the Bank of England base rate is low. However, if the base rate drops during your fixed rate period, you won’t benefit from lower interest rates. You can typically get a 2-year fix, 5-year fix or a 10-year fix.

Variable rate mortgages

A variable rate mortgage has an interest rate which can go up or down depending on the base rate or at the lender’s discretion. This means your repayments will change throughout the course of your mortgage term - sometimes a variable rate mortgage may beat a fixed rate mortgage, but you could also end up paying more. The two most common types of variable rate mortgage are tracker mortgages and standard variable rate mortgages.

Tracker mortgages

As the name suggests, a tracker mortgage sets a fixed interest rate and tracks it to the base rate. For example, you might get a tracker mortgage which is set to track 2% above the base rate. This means when the base rate fell to historic lows of 0.1%, your mortgage rate would have become 2.1%. When the base interest rate rises again, your tracker mortgage will adjust to the new base rate plus 2%.

Standard Variable Rate mortgages

If you have a fixed rate mortgage that is coming to the end of it’s initial period, you will move onto your lender’s standard variable rate. These tend to be more loosely tracked to the base rate and will usually cost more. If you don’t want your repayments to increase after your fixed rate deal ends, you should consider remortgaging to a new fixed rate.

How to get the best mortgage rate

Run a mortgage comparison

Use our whole of market mortgage comparison tables to find deals from the entire market and compare across all the available rates.

Keep an eye on the base rate

If the Bank of England base rate drops or looks set to rise, it might be a good time to lock in a lower mortgage interest rate.

Save a bit more

You’ll unlock better deals at lower loan to value bands. If you have a deposit that covers 12% of a property, try saving a bit more to reach 15%.

Reduce any existing debts

High consumer debt will limit the number of mortgage deals available to you. Keeping debts low will also improve your credit score.

Nisha Vaidyaquotation mark
You may be tempted to go directly to your bank to secure your mortgage, but not shopping around could cost you thousands in the long run. To ensure you get the best mortgage rates, you should compare mortgages across the whole market.
Nisha Vaidya, Mortgage Editor

Mortgage FAQs

Explore mortgage guides

A complete guide to buying a home

A complete guide to buying a home

The process of buying a house can take months, but knowing what to do and where to get help could make it quicker and easier. Here is what to do when you buy a home.

Read More
How does help to buy work?

How does Help to Buy work?

The Help to Buy scheme could make it easier for you to get your first home with help from the government. Here is how it works and how to use it.

Read More
How much does it cost to buy a home?

How much does it cost to buy a home?

Your home could be the most expensive purchase you ever make. Here is how much you might spend and how to make sure you can afford a mortgage and all of the other costs.

Read More
The 7 ways to save up for a deposit?

7 ways to save up a mortgage deposit

With the cost of renting almost as high as paying a mortgage, it can be an uphill struggle to save a deposit. Here is how to save a deposit to get a foot on the property ladder instead.

Read More
Leasehold vs freehold

Leasehold vs freehold: Which should you get?

If you’re looking to buy a property in England or Wales, you’ll notice that they’re either listed as leasehold or freehold. But what’s the difference? We’re here to explain the terms, and share what they might mean for you as a property owner.

Read More
How to get a remortgage?

How to get a remortgage

Getting a new mortgage deal could cut the interest you pay and save thousands of pounds. Here is how to remortgage to a better deal, avoid fees and reduce what you pay each month.

Read More
Mortgage broker or direct deal?

Mortgage broker or direct deal

Here are all the advantages and disadvantages of using a mortgage broker vs applying for your mortgage direct. This will help you decide on the best way to find a mortgage.

Read More
How do buy to let mortgages work?

How do buy to let mortgages work?

If you want to invest in property and rent it out to someone else, you will need a buy to let mortgage. Here is everything you need to know about them.

Read More
Should I overpay on my mortgage

Should I overpay on my mortgage?

If you have extra money to spare, you could make overpayments on your mortgage. This can reduce the amount you pay and shorten your mortgage term, but is it right for you?

Read More

Last updated: 3rd September 2021